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Teaching Economics

In the News

Is the UK crisp industry heading for a Brexit crunch?

Geoff Riley

24th December 2018

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Ed Conway from Sky News visits Kettles crisps (owned by Campbell Soup Company) to find out more about the UK's love affair with the crisp and concerns that some production may move overseas if there is a disorderly "no-deal" Brexit. Lots of micro and macroeconomics in the video report including the importance of economies of scale in production and also the long-term relationship that Kettles has with their farmers back down the supply chain.

Campbell bought the Kettle chips maker for $4.9 billion in December 2017

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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